Xcel Energy (XEL) Tops Q1 EPS by 6c, Slight Miss on Revenues; Affirms FY18 Guidance
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Xcel Energy (XEL) Secures Approval from Texas Regulators for New Wind Facilities
April 27, 2018 1:02 PM EDTNew large wind energy facilities that will return significant savings to Xcel Energys (NASDAQ" XEL) Texas and New Mexico customers over 30 years have gained verbal approval from Texas regulators.
In discussion today, the Public Utility Commission of Texas agreed to advance a plan to add 1,230 megawatts of additional wind energy to the regional generating mix. This plan includes production and savings guarantees to Xcel Energy customers and was supported by various consumer groups, state agencies and environmental organizations. New Mexico regulators approved the plan in March. The Texas commissioners directed staff to prepare an order consistent with their... More
